Bulgaria's Energy Minister Zhecho Stankov assures that household electricity prices will not rise with market liberalization on July 1st, thanks to compensations from the Electricity System Security fund. However, he seeks to renegotiate the 40% carbon emission reduction commitment for coal-fired power plants, arguing it threatens the sector's stability and should be addressed at a national level.
Veuve Clicquot has announced the six finalists for its 2025 Bold Woman and Bold Future Awards, celebrating female leaders across various industries who are driving innovation and meaningful change. The award, now in its 53rd year and spanning 27 countries, recognizes trailblazing women from finance and technology to social impact and sustainability, with winners to be revealed at the end of April.
The Covid inquiry will hold private hearings on PPE Medpro contracts due to an ongoing NCA investigation, raising concerns about transparency from families of Covid victims. The inquiry will still examine the government's handling of PPE procurement during the pandemic, with public hearings scheduled for March 3rd.
Chinese tech giant Alibaba is investing a colossal 380 billion yuan (£41.5 billion) in artificial intelligence and cloud computing over the next three years, signaling a renewed focus on the tech sector as a driver of economic growth following a period of regulatory uncertainty. This move comes amidst the public rehabilitation of Alibaba's founder Jack Ma, suggesting a potential shift in the government's stance towards tech compan...
A recent survey by the Institute of Directors reveals that nearly 90% of British business executives anticipate higher operational costs next year due to tax increases, rising energy bills, and growing wage demands. Economic pessimism is widespread, with many companies considering workforce cuts and price hikes as they grapple with additional fiscal pressures and policy uncertainties.